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Morningstar

MFS New Discovery R3 MNDHX

Morningstar Medalist Rating
Medalist Rating as of | See MFS Investment Hub
  • NAV / 1-Day Return 23.28  /  −0.81 %
  • Total Assets 2.3 Bil
  • Adj. Expense Ratio
    1.290%
  • Expense Ratio 1.290%
  • Distribution Fee Level Below Average
  • Share Class Type Retirement, Medium
  • Category Small Growth
  • Investment Style Small Growth
  • Min. Initial Investment —
  • Status Open
  • TTM Yield —
  • Turnover 60%

USD | NAV as of Apr 17, 2024 | 1-Day Return as of Apr 17, 2024, 10:17 PM GMT+0

Morningstar’s Analysis MNDHX

Will MNDHX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MNDHX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MNDHX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of MNDHX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Despite recent struggles, still a good option.

Senior Analyst Jack Shannon

Jack Shannon

Senior Analyst

Summary

MFS New Discovery remains a solid option for investors looking for small-cap growth exposure. Its seasoned manager steadily executes a well-thought-out approach. Recent performance has disappointed, but over the long run, it is still a compelling choice.

by Jack Shannon
Rated on Published on

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Portfolio Holdings MNDHX

More MNDHX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 18.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
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